Job Summary

• The Project’s objective is to simplify technology service provision by centralising Group software services activities and intangible software assets into a segregated tech service hub managed outside of the regulated banking entities. This will enhance our operational resilience, improve double leverage (DL) capacity, and support strategic optionality for the Group.
• One of the workstreams, led by Group Treasury, relates to the Transfer, Capital and Funding arrangements for the new service company (“ServCo”).
• The Project is a strategically important programme with exposure to senior stakeholders across the bank. This role is ideal for a person who can conceptualise, problem solve, and think laterally to navigate dynamic and unique issues. A strong understanding of financial accounting and treasury principles is essential, and experience with legal entity restructurings is desirable.
• The candidate will support delivery of Finance and Treasury related deliverables in respect of the Project over the next 12 months ahead of planned go-live in late 2026.

RESPONSIBILITIES

Key responsibilities include:
•    Produce forecast financials for the new ServCo, together with adjusted financials (P&L, Balance Sheet and Cash Flow Statement) for existing operating entities (OpCos) in the Group. This will include detailed modelling of Group software intangibles, capital expenditure and amortization recharges. 
•    Financial modelling will run in conjunction with the Group’s Corporate Plan (CP) process, working closely with the Group Financial Planning team, and require coordination of numerous financial data owners, e.g. from Technology & Operations Finance and Group Financial Investments.
•    Working closely with the Tax and Transfer Pricing team, assess the financial impact of the proposed transfer pricing arrangements whereby OpCos will be charged for software based on their usage of the software intangibles, and contribute to the design of intragroup recharge arrangements.
•    Assess the appropriate level of debt and equity to be held by the ServCo, and model the capital and double leverage impact of the transaction, including assessment the of country capital impact of the new software intangibles booking model and recharge methodology.
•    Produce a funds flow analysis in accordance with the legal steps of the transaction
•    Work collaboratively with diverse teams across functions, businesses and geographies, to ensure key milestones are delivered in adherence to the overall programme schedule.
•    Provide updates as required to internal and external stakeholders, and ensure escalation in a timely manner of any risks and issues.
•    Ensure implications of the proposed restructuring are well understood at the country level to ensure a consistent message and understanding is given to the impacted country regulators.
Candidate should be able to demonstrate:
•    Applicants should be highly numerate, with advanced skills in financial modelling and data manipulation
•    Strong knowledge of financial accounting and treasury principles
•    Ability to work in a dynamic environment and in fluid situations with tight deadlines.
•    Proven ability to lead and manage large-scale financial projects, demonstrating strong organisational and coordination skills
•    Ability to work collaboratively with diverse teams across functions and the business, as well as senior management, and in an environment where priorities are subject to change.
•    A good understanding of Risk Management and governance processes
•    Experience with corporate M&A and/or corporate restructuring would be desirable.

Key Responsibilities

Regulatory & Business Conduct

•    Display exemplary conduct and live by the Group’s Values and Code of Conduct. 
•    Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Skills and Experience

Excel, Microsoft Project, Word, Powerpoint

Qualifications

•    10+ years’ experience in Financial Services / banking industry.
•    Relevant qualification in Accounting and/or Treasury.
•    Highly proficient in MS Excel and Powerpoint.
•    Strong stakeholder and project management skills.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.